National Fuel Gas Company $NFG Shares Purchased by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC raised its position in shares of National Fuel Gas Company (NYSE:NFG) by 8.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,388 shares of the oil and gas producer’s stock after purchasing an additional 345 shares during the period. Sequoia Financial Advisors LLC’s holdings in National Fuel Gas were worth $372,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Parallel Advisors LLC raised its position in shares of National Fuel Gas by 2.8% during the 2nd quarter. Parallel Advisors LLC now owns 4,784 shares of the oil and gas producer’s stock worth $405,000 after buying an additional 129 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its position in shares of National Fuel Gas by 3.0% during the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 5,285 shares of the oil and gas producer’s stock worth $419,000 after buying an additional 156 shares in the last quarter. US Bancorp DE raised its position in shares of National Fuel Gas by 0.6% during the 2nd quarter. US Bancorp DE now owns 25,766 shares of the oil and gas producer’s stock worth $2,183,000 after buying an additional 161 shares in the last quarter. Horizon Investment Services LLC raised its position in shares of National Fuel Gas by 2.5% during the 1st quarter. Horizon Investment Services LLC now owns 6,618 shares of the oil and gas producer’s stock worth $524,000 after buying an additional 162 shares in the last quarter. Finally, UMB Bank n.a. raised its position in shares of National Fuel Gas by 19.6% during the 2nd quarter. UMB Bank n.a. now owns 1,012 shares of the oil and gas producer’s stock worth $86,000 after buying an additional 166 shares in the last quarter. 73.96% of the stock is owned by institutional investors and hedge funds.

National Fuel Gas Stock Down 4.6%

NYSE NFG opened at $82.49 on Wednesday. National Fuel Gas Company has a 12 month low of $58.82 and a 12 month high of $94.13. The company’s 50 day simple moving average is $87.60 and its 200 day simple moving average is $84.31. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.46 and a quick ratio of 0.39. The company has a market capitalization of $7.45 billion, a P/E ratio of 31.01, a PEG ratio of 0.43 and a beta of 0.58.

National Fuel Gas (NYSE:NFG) last released its quarterly earnings results on Wednesday, July 30th. The oil and gas producer reported $1.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.50 by $0.14. National Fuel Gas had a net margin of 11.15% and a return on equity of 20.81%. The business had revenue of $531.83 million for the quarter, compared to analyst estimates of $596.12 million. During the same quarter in the previous year, the business earned $0.99 earnings per share. The firm’s revenue was up 27.4% compared to the same quarter last year. National Fuel Gas has set its FY 2026 guidance at 8.000-8.500 EPS. FY 2025 guidance at 6.800-6.950 EPS. Equities research analysts expect that National Fuel Gas Company will post 6.64 earnings per share for the current fiscal year.

National Fuel Gas Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were issued a dividend of $0.535 per share. The ex-dividend date was Tuesday, September 30th. This represents a $2.14 dividend on an annualized basis and a dividend yield of 2.6%. National Fuel Gas’s payout ratio is currently 80.45%.

Analyst Ratings Changes

A number of research firms have commented on NFG. Zacks Research downgraded shares of National Fuel Gas from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 18th. Scotiabank downgraded shares of National Fuel Gas from an “outperform” rating to a “sector perform” rating and boosted their price target for the stock from $102.00 to $106.00 in a research report on Thursday, October 9th. Wall Street Zen downgraded shares of National Fuel Gas from a “buy” rating to a “hold” rating in a research report on Sunday, August 10th. Bank of America upgraded shares of National Fuel Gas from an “underperform” rating to a “buy” rating and boosted their target price for the stock from $85.00 to $107.00 in a report on Tuesday, July 15th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of National Fuel Gas in a report on Tuesday, October 14th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, National Fuel Gas has a consensus rating of “Moderate Buy” and a consensus target price of $98.00.

National Fuel Gas Company Profile

National Fuel Gas Company operates as a diversified energy company. It operates through four segments: Exploration and Production, Pipeline and Storage, Gathering, and Utility. The Exploration and Production segment explores for, develops, and produces natural gas and oil. The Pipeline and Storage segment provides interstate natural gas transportation services through an integrated gas pipeline system in Pennsylvania and New York; and owns and operates underground natural gas storage fields.